Retirement? More Like Financial Freedom—How to Plan for the Best Years of Your Life

Retirement isn’t about just stopping work—it’s about living life on your own terms. To make sure you enjoy those years, you need a solid financial plan in place. Start thinking about how much you’ll need and where that money will come from.

Pro Tips:

• Estimate retirement needs: Calculate how much you’ll need yearly and multiply that by the number of years you plan to be retired.

• Diversify retirement income: Rely on more than just Social Security—think pensions, investments, and savings.

• Plan for healthcare costs: Factor in healthcare, which tends to increase in retirement.

• Start saving now: The earlier you start, the more time your investments have to grow.